G.Saravanan v. Securities And Exchange Board Of India,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 01-04-2026

CORAM

THE HON'BLE MR JUSTICE M.DHANDAPANI and WMP Nos.9912 & 9913 of 2026 G.Saravanan Son of Mr. Ganapathy, Aged about 48 years, Residing at No. 2/202, Perumal Kovil Street, Mettukuppam, Mugalivakkam, Chennai - 600 125 ..Petitioner(s) Vs

1. Securities and Exchange Board of India, Through its Chairman, SEBI Bhavan, Plot No. C4-A, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

2. Bombay Stock Exchange Limited, Through its Chairman Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

3. M/s. NTL India Limited, A Company incorporated under the Companies Act, 1956, Represented by its Directors Mr. D. Ramesh and Mr. B. Dayanithi Having its registered office at

No. 11/2, Muthyal Reddy Street, Alandur, Chennai 600 016

4. Mr. D. Ramesh, Son of S. Durairaj, Director, M/s. NTL India Private Limited, Residing at New No. 292, Old No. 150, B 1, 2nd Floor, Peters Road, Gopalapuram Chennai - 600 086.

5. Mr. B. Dayanithi Son of K. Balakrishnan, Director, M/s. NTL India Private Limited, Residing at New No. 354, Old No. 219 3 C, 2nd Floor, Jeypore Terrace Apartments, Lloyds Road, Gopalapuram, Chennai 600 086 ..Respondent(s) Writ Petition filed under Article 226 of Constitution of India, to issue a Writ of Certiorarified Mandamus, calling for the records relating to the in-principle approval dated 20.2.202026 granted by the 2nd respondent in favour of the 3rd respondent permitting it to proceed with its proposed initial Public Offering (IPO)under the SME Segment, to quash the same and consequently to direct the 2nd respondent to forbear from giving effect to the said approval.

For Petitioner(s):

Mr.S.R.Rajagopalan, Senior Counsel for Mr.Vignesh.K For Respondent(s):

Mr.C.Prasanna Venkatesh for R1 Mr.Venkatavaradhan for M/s.Sriram Venkatavaradhan for R3-R5 Mr.R.Venkatraman for M/s.Tatva Legal for R2

ORDER

When the matter is taken up for hearing today, the learned counsel for the petitioner seeks permission of this Court to withdraw the present writ petition. An endorsement to that effect has also been made in the court bundle.

2. Recording the submission and endorsement made by the learned counsel for the petitioner, this Writ Petition is dismissed as withdrawn. Consequently, connected miscellaneous petitions are closed. 01-04-2026 Index: Yes/No Speaking/Non-speaking order Uma

To

1. The Chairman Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

2. The Chairman Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

3. M/s. NTL India Limited, A Company incorporated under the Companies Act, 1956, Represented by its Directors Mr. D. Ramesh and Mr. B. Dayanithi Having its registered office at No. 11/2, Muthyal Reddy Street, Alandur, Chennai 600 016

M.DHANDAPANI, J.

Uma WP No. 9191 of 2026 and WMP Nos.9912 & 9913 of 2026 01-04-2026